CIAB: Commercial Premiums Rise 5.4% Overall in Q4 2024 February 20, 2025 2024 ended as steady as ever – with “no real change in current market conditions” – as respondents of a...
Markets/Coverages: Marsh Expands Fast Track Facility, Offering 10% Automatic Capacity February 20, 2025 Marsh, the insurance broker, risk adviser and Marsh McLennan business, announced the addition of significant new capacity to its Fast...
People Moves: West Named Oregon Workers’ Compensation Division Administrator February 20, 2025 The Oregon Department of Consumer and Business Services appointed Matt West as administrator of the Workers’ Compensation Division. West has...
Massive Fire at Pennsylvania Aerospace Plant Prompts Evacuations February 20, 2025 Schools were closed and residents were ordered to shelter-in-place Tuesday after a large fire broke out at an aerospace manufacturer’s...
Insurance Matters Topped Consumer Cases in Oregon in 2024 February 20, 2025 Insurance disputes led consumer advocacy cases in Oregon last year, accounting for 3,357 of the 5,445 complaints filed with Oregon...
King Risk Partners Acquires Kerr Agency in Connecticut February 19, 2025 Florida-based insurance broker King Risk Partners announced its acquisition of the Kerr Agency Inc., an independent insurance agency located in...
Former Ohio Insurance Agent Sentenced to Probation for $1.4M Theft February 19, 2025 A former Ohio insurance agent was sentenced this month to five years of probation for thefts exceeding $1.4 million. Rhonda...
AM Best Revises Under Review Status to Positive for Farm Bureau of Arkansas February 19, 2025 AM Best has revised the implications of the under review status to positive from developing for the Financial Strength Rating...
Farmers Estimates $600M in Losses from LA Wildfires February 19, 2025 Farmers said on Wednesday that it expects losses from the Los Angeles wildfires last month to reach an estimated $600...
NC Governor Waives Weight Limits, Truck Driver Hourly Limits as Winter Storm Hits February 19, 2025 With heavy snow and ice on the way, North Carolina’s governor on Tuesday issued an emergency declaration, waiving weight and...